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1 in 6 Aussies experiencing breakups over money problems

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Financial issues have led to breakups for one in six Australians, according to a new survey from Finder.

The survey, which gathered insights from 1,096 participants, exposes the significant impact of financial troubles on personal relationships, affecting approximately 3.2 million individuals across the country.

Among the key findings, 6% of respondents cited unpaid debt as the catalyst for their breakup, while 5% attributed their relationship woes to low income or a lack of savings.

Alarmingly, another 5% reported being separated from their partners due to a deficient understanding of personal finances, totaling to a substantial one million people facing such challenges.

Financial stress

Sarah Megginson, a personal finance expert at Finder, emphasised the profound influence of financial stressors on relationships, irrespective of their duration.

She noted that discussions around money are often avoided due to societal taboos, but they are crucial for fostering understanding and alignment between partners.

Megginson urged couples to address financial matters openly, particularly before making significant joint decisions.

Age groups

The research highlighted a pronounced disparity among different age groups, with Generation Z individuals, aged 18-24, experiencing the highest rate of breakups linked to financial issues.

Megginson emphasised the importance of transparent communication and mutual agreement on financial priorities, even if partners maintain separate bank accounts.

In conclusion, the study underscores the necessity of proactive communication and financial compatibility in sustaining healthy relationships.

As financial challenges continue to exert pressure on individuals and couples alike, fostering open dialogue and shared financial goals emerge as essential strategies for navigating these turbulent waters.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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Investors worldwide grow increasingly optimistic about Trump winning the election

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Investors are increasingly optimistic about Donald Trump’s potential re-election, prompting a resurgence in the so-called ‘Trump trade’.

Market participants are closely monitoring Trump’s political strategies and public sentiment, influencing their investment decisions.

Kyle Rodda from Captial.com joins to discuss all the latest.

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Netflix expands use of ads despite slow subscriber growth

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Netflix is intensifying its efforts to introduce an ad-supported tier amidst a plateau in subscriber growth.

The streaming giant hopes to attract new users and boost revenue by offering a cheaper alternative that includes advertisements.

This move marks a significant shift from its traditional ad-free model, reflecting Netflix’s response to competitive pressures and evolving consumer preferences.

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Boeing face delivery delays following guilty criminal charge plea

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Boeing’s deliveries are down after months of controversy, is it because they can’t make the planes, or because airlines right now don’t want them?

Boeing has agreed to plead guilty to a charge of conspiracy to defraud the United States in connection with the investigation into two fatal crashes involving its 737 MAX aircraft.

Boeing reported a significant 27% decrease in deliveries for June compared to the same month last year, possibly attributing the decrease to the companies ongoing controversies.

Aviation expert Geoffrey Thomas joins to discuss. #featured

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